SA investment in marketing communications is sound
According to SCOPEN’s Agency Scope, SA marketers are spending similar amounts to their UK counterparts, a positive sign that the industry is alive and kicking
SA’s investment in marketing communications stands at 2.7% of marketing spend related to turnover – just 0.2% lower than that of the UK and a healthy sign for SA’s marketing industry as a whole. This is according to the 2018 Agency Scope analysis, which analyses input from approximately 2,500 marketers in 12 countries globally.
Johanna McDowell, SCOPEN partner and director for the UK and SA, says this is an indication of the amount marketers are prepared to commit to communications in a difficult market. Over the past two years of tracking spend in this sector, McDowell says the proportion of spending on digital has grown, which is good news. Not so good is that spend has not grown for agencies.